VR Consultancy: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VR Consultancy
Largest movements
- Tangible fixed assets -€32,356
down €32,356 (-8.6%), from €375,610 to €343,255
of which Furniture and vehicles: -€19,025
- Cash +€29,441
up €29,441 (+94.1%), from €31,296 to €60,737
mainly Depreciation (+€35,673) and Net result for the year (+€30,933)
- Debts after one year -€32,946
down €32,946 (-15.0%), from €219,677 to €186,731
- Reserves +€30,933
up €30,933 (+17.3%), from €178,347 to €209,280
- Profit (loss) carried forward -€5,000
no longer reported in 2025 (was €5,000)
- Tax, wage and social debts +€4,547
up €4,547 (+69.0%), from €6,592 to €11,138
- Taxes +€1,365
up €1,365 (+11.8%), from €11,548 to €12,912
- Gross operating margin +€1,085
up €1,085 (+1.3%), from €83,706 to €84,791
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €443,185 | €441,542 | -€1,643 | -0.4% |
| Fixed assets | 21/28 | €375,610 | €343,255 | -€32,356 | -8.6% |
| Tangible fixed assets | 22/27 | €375,610 | €343,255 | -€32,356 | -8.6% |
| Land and buildings | 22 | €304,533 | €292,133 | -€12,401 | -4.1% |
| Plant, machinery and equipment | 23 | €3,406 | €2,476 | -€930 | -27.3% |
| Furniture and vehicles | 24 | €67,671 | €48,646 | -€19,025 | -28.1% |
| Current assets | 29/58 | €67,574 | €98,287 | +€30,713 | +45.5% |
| Amounts receivable within one year | 40/41 | €36,232 | €34,700 | -€1,533 | -4.2% |
| Trade receivables | 40 | €32,774 | €32,019 | -€755 | -2.3% |
| Other amounts receivable | 41 | €3,458 | €2,681 | -€777 | -22.5% |
| Cash at bank and in hand | 54/58 | €31,296 | €60,737 | +€29,441 | +94.1% |
| Deferred charges and accrued income | 490/1 | €45 | €2,851 | +€2,805 | +6169.5% |
| Total equity and liabilities | 10/49 | €443,185 | €441,542 | -€1,643 | -0.4% |
| Equity | 10/15 | €184,347 | €210,280 | +€25,933 | +14.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €178,347 | €209,280 | +€30,933 | +17.3% |
| Distributable reserves | 133 | €178,347 | €209,280 | +€30,933 | +17.3% |
| Profit (loss) carried forward | 14 | €5,000 | - | -€5,000 | |
| Amounts payable | 17/49 | €258,838 | €231,262 | -€27,576 | -10.7% |
| Amounts payable after more than one year | 17 | €219,677 | €186,731 | -€32,946 | -15.0% |
| Financial debts | 170/4 | €219,677 | €186,731 | -€32,946 | -15.0% |
| Amounts payable within one year | 42/48 | €39,161 | €44,531 | +€5,370 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €30,805 | €32,239 | +€1,434 | +4.7% |
| Trade debts | 44 | €1,235 | €892 | -€343 | -27.8% |
| Suppliers | 440/4 | €1,235 | €892 | -€343 | -27.8% |
| Taxes, remuneration and social security | 45 | €6,592 | €11,138 | +€4,547 | +69.0% |
| Taxes | 450/3 | €6,592 | €11,138 | +€4,547 | +69.0% |
| Other amounts payable | 47/48 | €529 | €262 | -€267 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,363 | €35,673 | -€690 | -1.9% |
| Other operating charges | 640/8 | €542 | €752 | +€210 | +38.7% |
| Gross operating margin | 9900 | €83,706 | €84,791 | +€1,085 | +1.3% |
| Operating profit (loss) | 9901 | €46,800 | €48,366 | +€1,566 | +3.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,194 | €4,521 | -€673 | -13.0% |
| Recurring financial charges | 65 | €5,194 | €4,521 | -€673 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €41,607 | €43,846 | +€2,239 | +5.4% |
| Income taxes | 67/77 | €11,548 | €12,912 | +€1,365 | +11.8% |
| Profit (loss) for the period | 9904 | €30,059 | €30,933 | +€874 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,059 | €30,933 | +€874 | +2.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.